Call reports 2016
LAKELAND BANK — 2016
What LAKELAND BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 4,396,172,000 | 4,457,897,000 | 4,893,899,000 | 5,082,672,000 |
| Total loans | 3,367,522,000 | 3,457,845,000 | 3,795,022,000 | 3,872,341,000 |
| Allowance for loan losses | 30,553,000 | 30,667,000 | 31,369,000 | 31,245,000 |
| Securities available for sale | 436,313,000 | 455,344,000 | 474,429,000 | 598,947,000 |
| Securities held to maturity | 114,796,000 | 125,221,000 | 140,125,000 | 146,614,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,475,675,000 | 3,544,025,000 | 3,952,185,000 | 4,104,514,000 |
| Interest-bearing deposits | 2,681,379,000 | 2,705,502,000 | 3,002,717,000 | 3,158,284,000 |
| Noninterest-bearing deposits | 794,296,000 | 838,523,000 | 949,468,000 | 946,230,000 |
| Equity capital | 455,740,000 | 469,433,000 | 581,768,000 | 630,262,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 37,532,000 | 76,529,000 | 119,490,000 | 163,135,000 |
| Interest expense | 3,473,000 | 7,085,000 | 11,274,000 | 15,476,000 |
| Net interest income | 34,059,000 | 69,444,000 | 108,216,000 | 147,659,000 |
| Noninterest income | 4,489,000 | 9,363,000 | 15,772,000 | 20,923,000 |
| Noninterest expense | 25,363,000 | 48,874,000 | 74,800,000 | 99,476,000 |
| Provision for loan losses | 1,075,000 | 2,085,000 | 3,848,000 | 4,223,000 |
| Pretax income | 12,480,000 | 28,218,000 | 45,710,000 | 65,253,000 |
| Income tax | 4,201,000 | 9,501,000 | 15,453,000 | 22,166,000 |
| Net income | 8,279,000 | 18,717,000 | 30,257,000 | 43,087,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 325,934,000 | 338,298,000 | 440,155,000 | 496,737,000 |
| Total capital | 358,733,000 | 371,440,000 | 474,000,000 | 530,458,000 |
| Risk-weighted assets | 3,471,449,000 | 3,606,526,000 | 3,958,868,000 | 4,069,517,000 |